Milestone Furniture Ltd (MILEFUR) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Milestone Furniture Ltd on NSE and BSE, with an AI summary of each filing.
12th Annual Report of Milestone Furniture Limited for the Financial Year 2025-26
Others (Uncategorized) · 31 Oct 2026, 12:14 am
Notice of 12th Annual General Meeting of Milestone Furniture Limited for the Financial Year 2025-26
Annual General Meeting · 31 Oct 2026, 12:04 am
Resignation of Mr. Abhishek Pokharna as Company Secretary of the Company
Change in Management · 24 Oct 2026, 3:27 am
Milestone Furniture Announces Resignation of Company Secretary Abhishek Pokharna Abhishek Pokharna has tendered his resignation as the Company Secretary and Compliance Officer of Milestone Furniture Limited, effective 20th Sep'26. The departure is attributed to his decision to pursue external professional opportunities. The company will complete regulatory filings with the Registrar of Companies, Mumbai, to formalize the transition.
Approve and consider the Financial Statements, Resignation of Company Secretary, Appointment of Directors on the board and etc.
Outcome · 24 Oct 2026, 3:24 am
Milestone Furniture Board Approvals: Restructuring, Acquisition Termination, and Governance Changes Milestone Furniture's board approved seeking post-facto BSE approval for converting ₹5.75 Cr unlisted OCDs into equity and approved a revised share capital structure comprising 2,853 lakh shares, incorporating debenture conversions (20.12%), sweat equity (5.26%), loan allotments (17.53%), and an ESOP pool (24.54%). The company terminated acquisition talks with UMT Infra Projects with immediate effect. It also approved FY26 audited financial statements with no dividend recommended, scheduled the 12th AGM for 14th Nov'26, and recommended 5-year auditor appointments alongside director regularizations.
To approve and consider the various agenda items by the board of Directors of the Company
Others (Uncategorized) · 24 Oct 2026, 3:17 am
Milestone Furniture Board Approves Capital Restructuring, Deferral of OCD Allotment, and Terminates Acquisition Milestone Furniture's board deferred the allotment of equity shares resulting from the conversion of ₹5.75 crore OCDs pending post-facto in-principle approval from BSE due to an earlier procedural omission. The board terminated negotiations to acquire UMT Infra Projects after failing to agree on valuation and commercial terms. Additionally, it granted in-principle approval for a restructured share capital framework comprising 2,853 lakh shares (existing: 32.56%, OCD conversions: 20.12%, loans/obligations: 17.53%, ESOP pool: 24.54%, sweat equity: 5.26%), passed FY'26 financial statements without dividend, and scheduled the 12th AGM for 14th Nov'26.
Prior Intimation of Meeting of Board of Directors scheduled to be held on Friday, 23rd October 2026 to approve and consider the financial statements and Other agenda items
Intimation · 23 Oct 2026, 5:30 am
Milestone Furniture Board to Consider OCD Conversion, Acquisition Termination, and Capital Restructuring Milestone Furniture Limited will hold a Board meeting on 23rd Oct'26 to evaluate several strategic matters. Key agenda items include processing conversion notices for unlisted secured optionally convertible debentures aggregating ₹5.75 crore, terminating acquisition negotiations for UMT Infra Projects Private Limited, and approving a revised equity share capital structure covering debenture/loan conversions, sweat equity, and ESOP implementation. The Board will also review FY26 audited financial statements, recommend new statutory auditors for five years, and note the resignation of the Company Secretary.
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform that the Registrar of Companies, Maharashtra, Mumbai vide letter dated 19th September 2026, has granted an ....
Annual General Meeting · 29 Sept 2026, 8:12 pm
Appointment of Statutory Auditor in Casual Vacancy
Change in Auditor · 29 Sept 2026, 7:59 pm
Milestone Furniture Board Approves Capital Hike, ESOP Scheme, and Auditor Change Milestone Furniture's board approved increasing authorized share capital from ₹10.00 Cr to ₹60.00 Cr, subject to shareholder approval, and deferred equity allotment for ₹5.75 Cr worth of OCD conversions pending post-facto exchange approvals. The board also approved the 'ESOP Scheme 2026', appointed M/s Gupta Rajesh & Associates as Statutory Auditor to fill a casual vacancy following M/s R. Daga & Company’s resignation effective 28th Jul'26, and sought a three-month extension from RoC for holding its FY26 AGM.
Resignation of Statutory Auditor
Change in Auditor · 29 Sept 2026, 7:53 pm
Milestone Furniture Board Approves Capital Hike, ESOP Scheme, and Auditor Change Milestone Furniture's board approved increasing authorized share capital from ₹10.00 Cr to ₹60.00 Cr and introduced the ESOP 2026 scheme, subject to shareholder approvals. The board deferred equity allotment for ₹5.75 Cr in OCD conversions pending stock exchange in-principle approval. Additionally, M/s. Gupta Rajesh & Associates was appointed statutory auditor to fill the casual vacancy following M/s. R. Daga & Company's resignation on 28th Jul'26. The company is seeking a three-month extension for its FY26 AGM and rescinded a previous branch opening resolution.
OCD Conversion Notice & Deferment of Allotment; Increase in Authorised Share Capital; Resignation of Statutory Auditor; Appointment of Statutory Auditor in Casual Vacancy; Approval to file ....
Others (Uncategorized) · 29 Sept 2026, 7:44 pm
Outcome of Board meeting held on 26.08.2026- Resignation of Director
Change in Management · 18 Sept 2026, 11:56 pm
Milestone Furniture Board Approves Key Director Resignations Milestone Furniture Limited announced the outcome of its Board meeting held on 26th Aug'26, taking note of key leadership departures. Director Ms. Payal Vatsal Thakkar resigned from the Board due to personal reasons, effective from the close of business hours on 19th Aug'26. Additionally, Mr. Mayank Rasiklal Kotadia stepped down from his position as Whole-Time Director and Key Managerial Personnel (KMP) owing to personal reasons, effective from the close of business hours on 21st Aug'26.
Outcome of the board meeting held on 18/08/2026 - Appointment of Mr. Akash Chugh as an Additional Director (Independent Director) and Ms. Vaishali Balasaheb Jagtap as an Additional Director ....
Change in Management · 18 Sept 2026, 11:46 pm
Milestone Furniture Appoints Akash Chugh and Vaishali Jagtap to Board Milestone Furniture Limited's Board approved the appointment of Mr. Akash Chugh as an Additional Director (Non-Executive & Independent) and Ms. Vaishali Balasaheb Jagtap as an Additional Director (Executive), effective 18th Aug'26. Both appointments are for a consecutive term of five years, subject to shareholder approval. Neither appointee is related to any existing director or Key Managerial Personnel, nor debarred from holding office by SEBI or other regulatory authorities.
As per attachment
Change in Management · 26 Aug 2026, 7:35 pm
Milestone Furniture Announces Non-Executive Director Resignation Milestone Furniture (BSE: 541337) announced its Board of Directors has accepted the resignation of Mrs. Payal Vatsal Thakkar, a Non-Executive, Non-Independent Director. The resignation was tendered on 19th Aug'26, citing personal reasons, and became effective the same day. The company's board formally noted and accepted the departure in a meeting on 26th Aug'26.
As per attachment
Others (Uncategorized) · 26 Aug 2026, 7:33 pm
Milestone Furniture Director Resigns Citing Personal Reasons Milestone Furniture announced the resignation of Mrs. Payal Vatsal Thakkar, a Non-Executive, Non-Independent Director, effective from 19th Aug'26. The company's board, in a meeting on 26th Aug'26, accepted the resignation, which was tendered for personal reasons. The board has authorized officers to complete the necessary regulatory formalities related to her departure.
As Per Attachment
Others (Uncategorized) · 24 Jun 2026, 9:23 pm
Milestone Furniture Delays Submission of FY26 Audited Financial Results Milestone Furniture Limited (Scrip: 541337) announced a delay in submitting its audited financial results for the quarter and year ended 31st Mar'26. The delay is due to the serious health condition of a key Director, who suffered a brain hemorrhage, preventing the completion of necessary approval processes. The company stated it is making all efforts to finalize the results at the earliest and will inform the exchange of further developments, submitting the results once the situation normalizes.
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Others (Uncategorized) · 30 Apr 2026, 5:44 pm
Milestone Furniture: Not Classified as a Large Corporate for FY26 Milestone Furniture Ltd informed the BSE on 30th Apr'26 that it does not meet the criteria to be classified as a Large Corporate (LC) for the financial year ending 31st Mar'26. This assessment is based on SEBI's framework for fund-raising by large entities. Consequently, the company is not required to file the initial disclosure or meet the mandatory borrowing obligations under the circular. The filing confirmed the company had ₹0.00 Cr in outstanding borrowings and no credit rating for the previous financial year.
As per Attachment.
Financial Result · 18 Mar 2026, 8:49 pm
Milestone Furniture H1'24 Results Released with Auditor Disclaimer Milestone Furniture reported a net loss of ₹28.47 lakh for the half-year ended 30th Sep’23, against a loss of ₹261.54 lakh YoY. Total expenses were ₹28.47 lakh versus ₹261.54 lakh YoY, with no income from operations reported. The auditor, R. Daga & Company, issued a disclaimer of conclusion, citing inability to obtain sufficient evidence due to a standoff between new and old management. The auditor could not comment on assets and liabilities, and noted the previous auditor did not conduct the limited review.
As per outcome of board meeting
Outcome · 18 Mar 2026, 8:43 pm
Milestone Furniture Posts H1'FY24 Results, Auditors Unable to Express Conclusion Milestone Furniture approved its unaudited results for the half-year ended 30th Sep'23. The company reported a net loss of ₹28.47 lakh against a prior-year loss of ₹261.54 lakh. Basic EPS stood at ₹(0.31) versus ₹(2.81) YoY. Crucially, the independent auditor was unable to perform a review and did not express a conclusion on the financial statements. This was due to a standoff between new and old management, preventing the auditors from obtaining sufficient evidence regarding the company's assets and liabilities.
Resignation of Mr.Vivek Sonar Executive Director of the company
Change in Management · 17 Mar 2026, 12:05 am
Milestone Furniture Executive Director Resigns Effective Mar'26 Milestone Furniture (Scrip: 541337) announced the resignation of Mr. Vivek Yogeshwar Sonar from his position as Executive Director. The resignation is effective from the close of business hours on 16 Mar'26. The company stated the departure is due to personal reasons and confirmed there are no other material reasons for the change. This information was disclosed as per SEBI's LODR Regulations, 2015. The company acknowledged Mr. Sonar's contributions during his tenure.
Intimation of resignation of Mr.Vivek sonar Executive director of the company w.e.f closing of business hours of 16.03.2026
Change in Management · 17 Mar 2026, 12:03 am
Milestone Furniture Announces Executive Director Resignation Milestone Furniture Limited announced the resignation of Mr. Vivek Yogeshwar Sonar from his position as Executive Director, effective from the close of business on 16 Mar'26. The company stated the departure is due to personal reasons and confirmed there are no other material reasons for the resignation. This change in key managerial personnel was filed under Regulation 30 of SEBI (LODR) Regulations, 2015. The company acknowledged Mr. Sonar's contributions during his tenure.
Milestone Furniture Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/03/2026 ,inter alia, to consider and approve As Per attachment
Intimation · 16 Mar 2026, 5:30 am
Milestone Furniture Board Meeting on 16th Mar'26 Milestone Furniture has scheduled a Board of Directors meeting for 16th Mar'26. The key agenda items include the consideration and approval of the un-audited standalone financial results and the limited review report for the half-year ended 30th Sep'23. The board will also consider and approve the appointment of a new Additional Director. This meeting notice appears to be significantly delayed, as it announces a meeting in Mar'26 to approve results for a period ending in Sep'23.
As per attachment
Annual General Meeting · 30 Jan 2026, 6:10 pm
Milestone Furniture Shareholders Approve All Resolutions at AGM Milestone Furniture announced that all nine resolutions proposed at its AGM on 27th Dec'25 were passed with requisite majority. Key approvals include the adoption of financial statements, increasing borrowing powers to ₹50 crore, and raising permissible investment limits for NRIs and FPIs. All resolutions received identical support, with approximately 91.18% of votes in favor and 8.82% against. Promoters did not participate in the voting, which saw a total public shareholder turnout of 12.07% of outstanding shares.
As per Attachment.
Outcome · 28 Jan 2026, 11:57 pm
Milestone Furniture Board Approves Fundraising and Proposed Acquisition The Board of Directors on 28th Jan'26 granted in-principle approval for fundraising via preferential issue, private placement, or other modes. Final terms like issue size and price will be decided later. The board also approved a proposal to evaluate the acquisition of U M T Infra Projects Private Limited, pending due diligence and valuation. To facilitate the potential fundraising, a proposal to increase the authorized share capital was also discussed. A registered valuer will be appointed for price determination and advisory.
Milestone Furniture Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/01/2026 ,inter alia, to consider and approve As per board meeting Intimation
Intimation · 22 Jan 2026, 1:04 am
Milestone Furniture Board Meeting on 28th Jan'26 to Consider Fundraising and Acquisition Milestone Furniture Ltd. has scheduled a Board of Directors meeting for 28th Jan'26 to consider two key proposals. The first is raising funds via preferential issue, private placement, rights issue, or other permissible modes. The second agenda item is to approve the proposed acquisition of equity shares in U M T INFRA PROJECTS PRIVATE LIMITED, including the acquisition price and payment mode. The trading window is closed from 21st Jan'26 until 48 hours after the meeting's outcome is announced.
As per Attachment
Annual General Meeting · 27 Dec 2025, 8:49 pm
Milestone Furniture AGM Seeks Approval for Increased Borrowing and FPI Limits Milestone Furniture held its 11th Annual General Meeting on 27th Dec'25 via video conference to transact key business. Resolutions included adopting financial statements, re-appointing directors, and regularizing statutory auditors. More significantly, the company sought shareholder approval through special resolutions to increase its borrowing powers to a limit not exceeding Rs. 50 Crore and to raise the permissible investment limits for Non-Resident Investors (NRIs) and Foreign Portfolio Investors (FPIs). All resolutions were decided via e-voting. Voting results are expected within two working days.